As of today (2024-05-11), Hurco's share price is $18.15. Hurco's Tangible Book per Share of Jan. 2024 for the quarter that ended in Jan. 2024 was $33.29. Hence, Hurco's Price to Tangible Book Ratio of today is 0.55.
The historical rank and industry rank for Hurco's Price-to-Tangible-Book or its related term are showing as below:
HURC'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.55 Med: 1.04 Max: 1.6
Current: 0.55
During the past 13 years, Hurco's highest Price to Tangible Book Ratio was 1.60. The lowest was 0.55. And the median was 1.04.
HURC's Price-to-Tangible-Book is ranked better than 92.78% of 2827
companies
in the Industrial Products industry
Industry Median: 2.14
vs HURC: 0.55
A closely related ratio is called PB Ratio. As of today, Hurco's share price is $18.15. Hurco's Book Value per Sharefor the quarter that ended in Jan. 2024 was $34.52. Hence, Hurco's P/B Ratio of today is 0.53.
Hurco Price-to-Tangible-Book Historical Data
The historical data trend for Hurco's Price-to-Tangible-Book can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Hurco's Price-to-Tangible-Book
For the Specialty Industrial Machinery subindustry, Hurco's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Hurco's Price-to-Tangible-Book Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Hurco's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Hurco's Price-to-Tangible-Book falls into.
Hurco Price-to-Tangible-Book Calculation
Hurco's price-to-tangible-book ratio for today is calculated as:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.
Hurco Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Hurco's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Hurco Companies Inc is a United States-based industrial technology company. It designs, manufactures, and sells computerized machine tools, consisting mainly of vertical machining centers and turning centers, to companies in the metal working industry through sales, service and distribution network. The company concentrated on designing user-friendly computer control systems that can be operated by both skilled and unskilled machine tool operators. It generates maximum revenue from the Computerized Machine Tools product. Geographically, It derives a majority of revenue from the United States of America. Its product categories include 5-Axis VMC; 3-Axis VMC; Horizontal MC and Turning Centers.
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